Small-business owners often have a difficult time calculating GST, and besides, adding and subtracting GST takes up lots of time and brainpower.
It is for this purpose that we developed our new GST calculator-a tool that is easy to use, no fuss, and makes GST calculations quick and easy.
GST Calculator: How to use it
Just enter the price that does not include GST in the first field and click on the ‘Add GST’ button if you need it to include GST. In the ‘Price’ field of the calculator, you will see the price with GST (and the GST the price contains).
Using this calculator, you can find the original price under the ‘Price’ field and the GST amount under the ‘GST’ field if you have a price that includes GST. Enter the price in the first field, click ‘Subtract GST’, and you will find the original price under the ‘Price’ field.
How to Calculate GST in an Easy Way
If you already include GST and want to find out the original price, the calculator subtracts 10% from the price and adds 10% to add GST.
Here’s how it works.
GST is added as follows:
By multiplying the amount by 0.1, you can determine how much GST to add.
Simply multiply the amount by 1.1 to get the total price, which includes GST.
GST is subtracted as follows:
The GST included in a price can be calculated by dividing it by 11.
Dividing by 1.1 will give you the price before GST.
Use our GST calculator instead of doing that much manual work every time you want to calculate GST.
How much does GST inclusive amount mean?
Tax is not charged separately from the customer for the GST inclusive amount. The GST amount is included in the original product cost.
How does GST Exclusive Amount work?
A GST Exclusive amount is calculated by subtracting the GST amount from the GST Inclusive value of the product.
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